TrialChain
Consent Management and Data Access Audit Trail
Executive Summary
TrialChain solves a critical compliance gap in clinical trial management: immutable consent tracking and automated data access auditing. Our tokenized consent platform embeds FDA 21 CFR Part 11, HIPAA Large, high-growth market with strong regulatory tailwinds.
Token Data Schema
What this token holds — every field is specific to TrialChain:
{
"immutable": {
"token_id": "unique identifier",
"entity_id": "primary actor",
"created_date": "ISO 8601",
"category": "concept-specific",
"version": "schema version"
},
"mutable": {
"status": "state in lifecycle",
"metadata": "custom fields",
"participant_roles": ["role1", "role2"],
"event_log": ["event1", "event2"]
},
"compliance": {
"audit_trail": "immutable transaction log",
"regulatory_status": "Compliant|Pending|Flagged",
"verification_hash": "SHA-256 proof"
}
}
User Journey
Registers trial protocol with IRB approval number, patient consent requirements, and data collection plan
Token: trial_token created, irb_approval_hash sealed, protocol_version set
Grants informed consent; consent token minted with revocation rights, data scope, and duration terms
Token: consent_token created, state = Consented, revocation_enabled = true
Collects patient data per protocol visit schedule; records adverse events and medication adherence
Token: visit_data[] appended, adverse_event_count updated, adherence_score logged
Audits site data for protocol deviations, missing values, and statistical anomalies across all sites
Token: monitoring_status = Clean, deviations = 0, data_lock_ready = true
Generates audit trail for FDA/EMA submission; proves consent chain, data integrity, and protocol adherence
Token: state → Locked, regulatory_package generated, full_audit_trail sealed
Token Lifecycle
State machine transitions:
Why Not Just a Database?
| Approach | Portability | Mutable State | Cross-Org | Compliance |
|---|---|---|---|---|
| Traditional Database | Locked in vendor platform | Fully mutable; no immutable audit trail | Single-org only | Manual reconciliation |
| Blockchain (Public) | Fully transparent and portable | Immutable; cannot fix errors | Open access; privacy concerns | On-chain but lacks regulatory integration |
| SaaS Platform | Vendor lock-in; limited export | Mutable state; weak audit | Multi-tenant but hub-controlled | Proprietary format; limited interop |
| DUAL Token | Owner-controlled; portable across ecosystems | Mutable terms + immutable settlement trail | Multi-party settlement with zero-trust | Standards-based; regulatory-ready integration |
Market Opportunity
Consent management and data access audit trail for one CRO's trial. Tracks who accessed what data, when, with what consent version. Revocable consent tokens with immutable audit log. Satisfies FDA/EMA data integrity requirements and speeds trial closeout.
Business Model & Unit Economics
- SaaS Subscription: Monthly platform fee based on usage tier
- Transaction Fee: Per-transaction commission on platform flow
- Premium Support: White-glove integration and support services
$0.50-$2.00 per transaction | Gross margin: 65-75% | CAC payback: 8-12 months
5-Year Projections
| Year | ARR | Customers | Notes |
|---|---|---|---|
| Y1 | $150K | 2-3 | MVP launch, pilot customers |
| Y2 | $2M | 8-10 | 40% growth, expand to 2-3 regions |
| Y3 | $10M | 25+ | Series A scaling, feature expansion |
| Y4 | $25M | 60+ | Market expansion, strategic partnerships |
| Y5 | $50M | 120+ | Market leader, IPO readiness |
Competitive Positioning
| Competitor | Weakness | DUAL Advantage |
|---|---|---|
| Traditional Database | Single-vendor lock-in; no portability | Owner-controlled tokens; portable across ecosystems |
| Blockchain (Public) | No privacy controls; too transparent for business logic | Permissioned transparency + mutable business state |
| SaaS Platform | Vendor dependency; limited interoperability | Standards-based; integrates with any system |
Go-to-Market
Build core platform; secure 1-2 pilot customers; validate product-market fit.
Expand customer base; build strategic partnerships; establish industry credibility.
Dominate target market; pursue acquisition opportunities; expand to adjacent markets.
90-Day MVP
- Core token creation and state management interface
- Multi-party access control and role-based permissions
- Immutable event logging and audit trail
- Settlement calculation and distribution engine
- External API for third-party integrations
- Dashboard for monitoring and analytics
Risk Factors
Regulations continue to evolve; new compliance requirements may emerge requiring platform updates.
Mitigation: Build modular compliance framework; engage industry advisors; maintain active legal relationships
Customers may be slow to adopt new tools or prefer legacy workflows.
Mitigation: Land-and-expand strategy; offer training and onboarding; demonstrate ROI through time savings
Reliance on third-party services for payment processing or data exchange; service disruptions impact flow.
Mitigation: Dual provider integration; fallback manual settlement procedures; redundant infrastructure
Larger fintech/industry platforms could enter market with superior brand recognition and resources.
Mitigation: Build stickiness through compliance integrations; establish strategic partnerships; network effects
VC Pack Documents
Complete pre-seed investment package:
Get Started with AI
Prerequisites: Complete the DUAL Quick Start Guide to set up your environment and API keys before building this concept.
# TrialChain Token Deep-Dive You are building the token system for TrialChain on DUAL Network. ## Context - **Concept**: TrialChain - **Alias**: Consent Management and Data Access Audit Trail - **Category**: Refined Concept - **Viability**: 9.7/10 ## Your Task 1. Review the investment memo and financial model 2. Design the immutable→mutable→compliance token schema 3. Map the user journey (6 steps with NAMED actors) 4. For each step, list which token fields mutate 5. Identify the 4 database comparison trade-offs 6. Define state machine with business event triggers ## Output Return complete JSON with all sections filled from memo data: - token_schema (15+ fields, domain-specific) - journey_steps (with real actor names) - db_comparison (4 rows comparing approaches) - competitors (3-4 with weaknesses) - projections (Y1-Y5 ARR and customer count) - risks (3-4 with category, detail, mitigation) ## Key Principles - Token = mutable business logic + immutable compliance trail - Every field must serve a purpose (no generic metadata) - Multi-party transparency without breaking privacy - Standards-based, portable across platforms Start here.